Compared to national averages, Grand Rapids has a significantly lower cost of living, with a median home price around $290,000. Investors will find this affordability extending to rent, offering promising returns for landlords. The average rent in Grand Rapids sits comfortably above $1,400, which means healthy rental yields and consistent cash flow.
Major players in healthcare, education, and automotive manufacturing like Spectrum Health and Steelcase call this city home, fostering consistent job growth and a reliable demand for housing. The city prioritizes innovation and entrepreneurship, further diversifying the economy and positioning itself for long-term prosperity.
Grand Rapids isn't a static landscape. Vibrant neighborhoods like Downtown and Midtown are undergoing exciting transformations, attracting young professionals and families with cutting-edge restaurants, craft breweries, and art galleries. Established areas like East Hills and Creston offer charming historic homes and strong community vibes. This diversity caters to a range of demographics and investment strategies, ensuring something for everyone, especially real estate investors.
Popular Streets in Grand Rapids, Michigan
Burton St70332$340,8533,825 Sq.Ft.5/23/2025College Ave70332$350,4392,373 Sq.Ft.5/23/2025Division Ave88131$257,8207,191 Sq.Ft.5/22/2025Eastern Ave1,06532$294,4175,251 Sq.Ft.5/28/2025Fuller Ave69231$287,0972,307 Sq.Ft.5/23/2025Lafayette Ave63332$304,7562,176 Sq.Ft.5/20/2025Leonard St1,00332$346,7993,569 Sq.Ft.5/28/2025Madison Ave74132$343,1762,974 Sq.Ft.5/15/2025Paris Ave67432$343,0919,395 Sq.Ft.5/23/2025Union Ave68332$340,8892,028 Sq.Ft.5/28/2025All Streets in Grand Rapids, Michigan
Bonisteel842$394,6251,489 Sq.Ft.6/2/2022Bonita Dr1832$379,0001,924 Sq.Ft.7/28/2023Bonita View Dr923$353,4441,327 Sq.Ft.8/21/2024Bonnell Ave5644$1,974,1453,896 Sq.Ft.2/5/2025Bonneville Ct642$348,0002,002 Sq.Ft.1/30/2023Bonneville Dr3532$353,9711,381 Sq.Ft.12/13/2022Bonnie Ave8832$335,8981,585 Sq.Ft.12/13/2024Boomers Way343$593,3332,296 Sq.Ft.12/12/2024Boos St242$312,0002,722 Sq.Ft.2/26/1998Boreal Ave1N/AN/AN/AN/AN/ABorglum Ave4032$377,8251,485 Sq.Ft.5/14/2025Boston St25032$382,4763,040 Sq.Ft.3/28/2025Bostwick Ave7N/AN/AN/AN/A12/1/1999Botsford Pl2821$261,3571,101 Sq.Ft.10/29/2024Bowdoin St2431$309,2921,185 Sq.Ft.1/10/2025Bowen Blvd1443$490,00011,068 Sq.Ft.8/16/2023Bowne St2831$261,5361,136 Sq.Ft.4/4/2025Boxthorn Ct554$817,8002,878 Sq.Ft.7/30/2024Boxwood Ct2433$403,6091,733 Sq.Ft.12/8/2021Boyd Ave6632$355,5321,582 Sq.Ft.9/18/2024Boyd Ct732$446,8572,230 Sq.Ft.9/19/2024Boyd Ln2N/AN/A$358,000N/A3/16/2001Boyes Ave1332$347,6151,282 Sq.Ft.4/25/2025Brad Ave831$241,5001,040 Sq.Ft.10/27/2022Bradford Ct1032$357,1001,274 Sq.Ft.6/21/2022Bradford Farms Ct1044$1,262,5003,662 Sq.Ft.11/30/2022Bradford Farms Ln545$1,105,0003,665 Sq.Ft.8/11/2022Bradford Greens Ct1044$981,6002,850 Sq.Ft.6/29/2023Bradford Hollow Dr2244$829,8642,503 Sq.Ft.9/29/2023Bradford Pl6321$267,619867 Sq.Ft.5/27/2025Bradford St15232$424,0794,746 Sq.Ft.5/19/2025Bradwood Ct643$560,6672,211 Sq.Ft.8/11/2022Braeburn Dr4632$485,3681,865 Sq.Ft.5/16/2025Bramalea Ave1932$365,5791,531 Sq.Ft.1/6/2025Brampton Ct443$561,0002,348 Sq.Ft.4/23/2021Branagan Ct6123$374,9511,390 Sq.Ft.2/2/2024Brandau Dr1121$241,1251,586 Sq.Ft.5/21/2025Brandon Dr1231$308,1671,128 Sq.Ft.4/30/2019Brandon Ridge Ct1433$411,7141,367 Sq.Ft.10/6/2023Brandon Ridge Dr4233$410,7861,431 Sq.Ft.3/28/2025Branisha553$628,2002,205 Sq.Ft.10/2/2023Bransford Dr2332$347,5651,380 Sq.Ft.2/7/2025Brassie Ct544$1,047,4002,884 Sq.Ft.4/15/2022Brattleboro Dr1343$443,3852,413 Sq.Ft.11/22/2024Breckenridge Ct1043$436,6002,852 Sq.Ft.5/14/2021Breckenridge Dr6042$377,3831,722 Sq.Ft.1/3/2025Breens Ct1032$204,9001,184 Sq.Ft.1/30/2023Breezefield Dr3132$345,9331,498 Sq.Ft.1/17/2023Breezeway Dr242$339,5001,743 Sq.Ft.12/11/2020Breezewood Ct1842$408,0591,949 Sq.Ft.3/14/2025Breezewood Dr2332$360,2731,520 Sq.Ft.8/22/2024Breezy Point Dr1332$536,4171,556 Sq.Ft.9/4/2020Brenner St1331$218,2311,024 Sq.Ft.5/1/2024Brenton Ct1832$339,6111,218 Sq.Ft.2/18/2025Brentwood Dr1333$640,0772,470 Sq.Ft.10/6/2023Breton Creek Ct643$479,8332,408 Sq.Ft.12/1/2020Breton Creek Dr1043$480,2002,462 Sq.Ft.4/29/2025Breton Ct10N/AN/AN/A34,785 Sq.Ft.1/31/2024Breton Industrial Park Dr5N/AN/AN/A49,047 Sq.Ft.11/14/2013Breton Rd25242$526,42910,073 Sq.Ft.6/2/2025Breton Valley Ct643$477,8332,033 Sq.Ft.2/5/2020Breton Valley Dr4043$467,1252,205 Sq.Ft.9/6/2024Breton Woods Dr1N/AN/AN/A385,631 Sq.Ft.N/ABrewer Park Cir6322$347,8101,076 Sq.Ft.9/12/2024Brianna St1132$404,3641,586 Sq.Ft.3/21/2024Briar Bank Pl343$640,0002,496 Sq.Ft.10/8/2021Briarcliff Ct454$546,2502,487 Sq.Ft.1/15/2021Briarcliff Dr3743$1,368,8653,094 Sq.Ft.10/22/2024Briar Hills Dr1732$346,37510,871 Sq.Ft.5/21/2025Briar Ln1N/AN/AN/AN/A2/27/2004Briarwood Ave4032$578,2001,839 Sq.Ft.5/20/2025Briarwood Ct1564$418,1331,904 Sq.Ft.1/13/2021Bridgehampton Dr4043$795,3252,299 Sq.Ft.2/28/2023Bridge Place Dr1733$566,5292,062 Sq.Ft.10/30/2024Bridgeport Ln4822$261,708901 Sq.Ft.3/12/2024Bridge St42522$532,2174,734 Sq.Ft.5/30/2025Bridgestone Ct954$912,7783,021 Sq.Ft.8/16/2024Bridgestone Dr1644$741,6672,667 Sq.Ft.4/8/2025Bridgewater Ct343$678,3332,175 Sq.Ft.5/8/2024Bridgewater Dr2543$615,0872,250 Sq.Ft.11/30/2023Bridle Creek Ct942$343,3331,604 Sq.Ft.1/6/2021Bridle Creek St8932$302,9781,334 Sq.Ft.3/10/2025Brier Creek St543$345,8001,418 Sq.Ft.3/6/2020Briggs Blvd7232$310,4511,512 Sq.Ft.1/8/2024Brighton Dr1732$531,2941,839 Sq.Ft.10/5/2023Bringham Ln1633$372,6251,694 Sq.Ft.8/22/2023Brinks St1231$286,7271,077 Sq.Ft.12/5/2024Brisam St2542$388,3201,522 Sq.Ft.7/22/2024Bristol Ave19532$317,2387,339 Sq.Ft.5/14/2025Bristol Rdg3143$486,3231,916 Sq.Ft.3/25/2022Bristolwood Dr2232$320,4091,294 Sq.Ft.9/27/2019Brittany Ct1532$324,4001,390 Sq.Ft.8/16/2024Brittany Dr4432$326,7051,428 Sq.Ft.12/3/2024Britton Ct1432$399,1431,792 Sq.Ft.2/7/2024Broadmoor Ave143N/AN/AN/A46,417 Sq.Ft.10/2/2024Broadview St2132$332,8101,455 Sq.Ft.11/29/2022Broadway Ave40321$297,4103,842 Sq.Ft.5/2/2025Brockton Ct2N/AN/AN/A48,675 Sq.Ft.5/31/2004Brockton Dr20N/AN/AN/A36,002 Sq.Ft.10/21/2015Brockwood Dr2232$348,5451,841 Sq.Ft.9/15/20214 Trowbridge St NEGrand Rapids, MI 49503
Estimated Value $587,000
Living Area 2,347 SqFt
Beds 4
Baths 1
Year Built 1916
Property Type Single Family
Ownership Type Individual
APN 41-14-19-351-001
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
1024 Hamilton Ave NWGrand Rapids, MI 49504
Estimated Value $192,000
Living Area 857 SqFt
Beds 2
Baths 1
Year Built 1895
Property Type Single Family
Ownership Type Individual
APN 41-13-24-129-061
Neighborhood West Grand
School District Grand Rapids Public Schools
1106 Muskegon Ave NWGrand Rapids, MI 49504
Estimated Value $216,000
Living Area 1,089 SqFt
Beds 3
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-13-24-107-009
Neighborhood West Grand
School District Grand Rapids Public Schools
943 4th St NWGrand Rapids, MI 49504
Estimated Value $230,000
Living Area 999 SqFt
Beds 2
Baths 1
Year Built 1957
Property Type Single Family
Ownership Type Individual
APN 41-13-23-410-016
Neighborhood West Grand
School District Grand Rapids Public Schools
248 Prospect Ave SEGrand Rapids, MI 49503
Estimated Value $350,000
Living Area 1,715 SqFt
Beds 2
Baths 1.5
Year Built 1885
Property Type Single Family
Ownership Type Individual
APN 41-14-30-381-075
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
300 Morris Ave SEGrand Rapids, MI 49503
Estimated Value $650,000
Living Area 2,728 SqFt
Beds 5
Baths 1.5
Year Built 1917
Property Type Single Family
Ownership Type Individual
APN 41-14-30-452-011
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
141 Prospect Ave NEGrand Rapids, MI 49503
Estimated Value $685,000
Living Area 2,556 SqFt
Beds 4
Baths 1
Year Built 1920
Property Type Apt House 5+ Units
Ownership Type Corporate
APN 41-14-30-180-006
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
933 California St NWGrand Rapids, MI 49504
Estimated Value $232,000
Living Area 938 SqFt
Beds 3
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Individual
APN 41-13-26-278-029
Neighborhood John Ball Park
School District Grand Rapids Public Schools
900 4th St NWGrand Rapids, MI 49504
Estimated Value $271,000
Living Area 2,030 SqFt
Beds 5
Baths 2
Year Built 1880
Property Type Single Family
Ownership Type Corporate
APN 41-13-23-437-010
Neighborhood West Grand
School District Grand Rapids Public Schools
241 Madison Ave SEGrand Rapids, MI 49503
Estimated Value $800,000
Living Area 4,036 SqFt
Beds 5
Baths 3.5
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-14-30-381-037
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
940 Monroe Ave NW #223Grand Rapids, MI 49503
Estimated Value $399,000
Living Area 1,001 SqFt
Beds 2
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-072
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
11 Trowbridge St NEGrand Rapids, MI 49503
Estimated Value $327,000
Living Area 1,595 SqFt
Beds 3
Baths 1
Year Built 1911
Property Type Single Family
Ownership Type Multiple
APN 41-14-19-311-013
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
418 Shirley St NEGrand Rapids, MI 49503
Estimated Value $137,000
Living Area 935 SqFt
Beds 2
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 41-14-19-255-004
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
609 Windsor Ter SEGrand Rapids, MI 49503
Estimated Value $428,000
Living Area 2,530 SqFt
Beds 4
Baths 2
Year Built 1900
Property Type Single Family
Ownership Type Trust
APN 41-14-30-429-015
Neighborhood East Hills
School District Grand Rapids Public Schools
128 Gold Ave SWGrand Rapids, MI 49504
Estimated Value $214,000
Living Area 1,073 SqFt
Beds 4
Baths 2
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 41-13-25-307-008
Neighborhood John Ball Park
School District Grand Rapids Public Schools
808 6th St NWGrand Rapids, MI 49504
Estimated Value $260,000
Living Area 1,380 SqFt
Beds 2
Baths 1.5
Year Built 1917
Property Type Single Family
Ownership Type Corporate
APN 41-13-23-431-006
Neighborhood West Grand
School District Grand Rapids Public Schools